HOVBAKKEN BORETTSLAG

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

11,51 %

Current Ratio

5,48

Debt-to-Equity Ratio

1,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 327 000	2 033 000	1 982 000	1 982 000
Net Income	755 000	605 000	−229 000	−537 000
Total Assets	16 141 000	15 572 000	15 430 000	16 029 000
Total Equity	6 559 000	5 803 000	5 198 000	5 427 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 327 000	2 033 000	1 982 000	1 982 000
Expenditure	1 395 000	1 311 000	2 067 000	2 346 000
Operating Profit	932 000	723 000	−84 000	−364 000
Financial Income	17 000	19 000	23 000	32 000
Financial Costs	193 000	136 000	168 000	206 000
Financial Balance	−176 000	−117 000	−145 000	−174 000
Earnings Before Tax	755 000	605 000	−229 000	−537 000
Tax	0	0	0	0
Net Income	755 000	605 000	−229 000	−537 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 803 000	14 803 000	14 671 000	14 595 000
Total Current Assets	1 338 000	769 000	758 000	1 435 000
Total Assets	16 141 000	15 572 000	15 430 000	16 029 000
Total Retained Equity	6 555 000	5 800 000	5 194 000	5 423 000
Total Equity	6 559 000	5 803 000	5 198 000	5 427 000
Total Long-Term Debt	9 338 000	9 754 000	10 170 000	10 586 000
Total Current Debt	244 000	14 000	62 000	17 000
Total Equity and Debt	16 141 000	15 572 000	15 430 000	16 029 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 327 000	2 033 000	1 982 000	1 982 000
Revenue	2 327 000	2 033 000	1 982 000	1 982 000
Cost of Goods Sold	0	0	0	0
Salary Costs	114 000	103 000	99 000	80 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 395 000	1 311 000	2 067 000	2 346 000
Operating Profit	932 000	723 000	−84 000	−364 000
Financial Income	17 000	19 000	23 000	32 000
Financial Costs	193 000	136 000	168 000	206 000
Financial Balance	−176 000	−117 000	−145 000	−174 000
Dividends	0	0	0	0
Net Income	755 000	605 000	−229 000	−537 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 803 000	14 803 000	14 671 000	14 595 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 803 000	14 803 000	14 671 000	14 595 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 803 000	14 803 000	14 671 000	14 595 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 331 000	761 000	747 000	1 425 000
Total Current Assets	1 338 000	769 000	758 000	1 435 000
Total Assets	16 141 000	15 572 000	15 430 000	16 029 000
Total Equity	6 559 000	5 803 000	5 198 000	5 427 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 338 000	9 754 000	10 170 000	10 586 000
Creditors	206 000	4 000	39 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	38 000	11 000	23 000	13 000
Total Current Debt	244 000	14 000	62 000	17 000
Total Equity and Debt	16 141 000	15 572 000	15 430 000	16 029 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,51 %	10,43 %	−4,41 %	−9,89 %
Debt-to-Equity Ratio	1,42	1,68	1,96	1,95
Operating Profit Margin	40,05 %	35,56 %	−4,24 %	−18,37 %
Current Ratio	5,48	54,93	12,23	84,41
Quick Ratio	5,48	54,93	12,23	84,41
Equity Ratio	0,41	0,37	0,34	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %